Madison, IN Micro

Madison, IN real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.8%/yr.

Rent growth

: 3.0%/yr.

Median cap rate

: 2.7%.

Median IRR

: 2.6%.

Median rental home value

: $197,300.

Median rental rate

: $890/mo.

Median property tax

: $1,252/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Madison, IN →

Top listings right now

520 East St, Madison, IN 47250 $189,000· 2 bd· 1.5 ba
1041 W Main St, Madison, IN 47250 $189,900· 2 bd· 1 ba
716 Walnut St, Madison, IN 47250 $189,000· 2 bd· 1 ba
3560 N Quail Dr, Madison, IN 47250 $205,000· 3 bd· 1.5 ba
342 W Lagrange Rd, Hanover, IN 47243 $199,900· 3 bd· 2 ba
2836 Springwood Dr, Madison, IN 47250 $215,000· 3 bd· 2 ba
230 Hendricks St, Madison, IN 47250 $192,000· 3 bd· 1 ba
811 Montclair St, Madison, IN 47250 $229,900· 3 bd· 2 ba
7132 W Sr 256, Madison, IN 47250 $225,000· 2 bd· 1 ba
423 Mill St, Madison, IN 47250 $260,000· 3 bd· 2 ba
904 E 2nd St, Madison, IN 47250 $209,000· 2 bd· 1 ba
1057 W Main St, Madison, IN 47250 $250,000· 1 bd· 1 ba
609 Walnut St, Madison, IN 47250 $242,900· 3 bd· 1.5 ba
2246 Flint Rd, Madison, IN 47250 $259,900· 4 bd· 2 ba
8812 E Little Doe Run Rd, Madison, IN 47250 $199,900· 3 bd· 1 ba
100 Locust St, Hanover, IN 47243 $299,000· 4 bd· 3 ba
2357 Sunset Ct, Madison, IN 47250 $289,900· 3 bd· 2 ba
63 S West Paine St, Hanover, IN 47243 $385,000· 3 bd· 2 ba
6734 N Sr 7, Madison, IN 47250 $299,900· 3 bd· 1 ba
4738 N State Road 3, Deputy, IN 47230 $295,000· 3 bd· 1.5 ba

ZIP codes in Madison, IN

Rental market data for every ZIP code in this micro area.